Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.79B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$576M |
| 3 |
Microsoft
MSFT
|
+$546M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$436M |
| 5 |
JPMorgan Chase
JPM
|
+$324M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$2.48B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.73B |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$765M |
| 4 |
Apple
AAPL
|
+$656M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$526M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.7% |
| 2 | Consumer Discretionary | 1.66% |
| 3 | Financials | 1.18% |
| 4 | Communication Services | 1.06% |
| 5 | Healthcare | 0.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1451
JPMorgan Equity Premium Income ETF
JEPI
$46.1B
| $26.9M | 0.01% |
486,200
+369,200
| +316% | +$20.2M |
|
|
PPL
1452
CALL
PPL Corp
PPL
$26.5B
| $26.9M | 0.01% |
1,016,100
-182,600
| -15% | -$5.04M |
|
1453
PUT
New Oriental
EDU
$8.84B
| $26.9M | 0.01% |
680,500
-210,900
| -24% | -$8.44M |
|
1454
CALL
Celanese
CE
$4.92B
| $26.9M | 0.01% |
231,900
+169,400
| +271% | +$18.4M |
|
1455
Sherwin-Williams
SHW
$88.2B
| $26.8M | 0.01% |
101,078
-153,314
| -60% | -$36.1M |
|
1456
CALL
Helen of Troy
HELE
$680M
| $26.8M | 0.01% |
248,000
-34,300
| -12% | -$3.28M |
|
1457
HP
HPQ
$26.6B
| $26.7M | 0.01% |
870,350
-308,585
| -26% | -$9.26M |
|
1458
PUT
Tapestry
TPR
$32.7B
| $26.7M | 0.01% |
623,100
+59,800
| +11% | +$2.49M |
|
1459
CALL
Range Resources
RRC
$9.49B
| $26.7M | 0.01% |
906,900
+178,700
| +25% | +$4.86M |
|
1460
CALL
Molina Healthcare
MOH
$10.2B
| $26.7M | 0.01% |
88,500
-9,100
| -9% | -$2.62M |
|
1461
Align Technology
ALGN
$12.3B
| $26.6M | 0.01% |
75,314
-62,959
| -46% | -$20M |
|
1462
CALL
Aptiv
APTV
$10.4B
| $26.6M | 0.01% |
260,100
+74,900
| +40% | +$7.41M |
|
1463
PUT
e.l.f. Beauty
ELF
$5.55B
| $26.5M | 0.01% |
232,400
+181,100
| +353% | +$17.4M |
|
1464
CALL
Canadian Pacific Kansas City
CP
$80.4B
| $26.5M | 0.01% |
328,400
-114,500
| -26% | -$9.04M |
|
1465
PUT
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.37B
| $26.5M | 0.01% |
162,600
-19,900
| -11% | -$2.99M |
|
1466
Ametek
AME
$58.6B
| $26.5M | 0.01% |
163,453
-26,636
| -14% | -$3.89M |
|
1467
Academy Sports + Outdoors
ASO
$3.05B
| $26.4M | 0.01% |
488,320
+117,909
| +32% | +$6.77M |
|
1468
CALL
Polaris
PII
$3.98B
| $26.4M | 0.01% |
218,100
+52,700
| +32% | +$5.82M |
|
1469
PUT
Allstate
ALL
$67.6B
| $26.3M | 0.01% |
241,600
-19,900
| -8% | -$2.26M |
|
1470
CALL
Zimmer Biomet
ZBH
$18.6B
| $26.3M | 0.01% |
180,500
+121,300
| +205% | +$16.5M |
|
1471
CALL
Royal Bank of Canada
RY
$294B
| $26.2M | 0.01% |
274,800
+54,500
| +25% | +$5.2M |
|
1472
CALL
Logitech
LOGI
$14.9B
| $26.2M | 0.01% |
441,500
+69,600
| +19% | +$4.21M |
|
1473
W.P. Carey
WPC
$16.1B
| $26.2M | 0.01% |
396,007
+147,962
| +60% | +$10.3M |
|
1474
CALL
Cenovus Energy
CVE
$55.1B
| $26.2M | 0.01% |
1,541,900
-169,000
| -10% | -$2.85M |
|
1475
PUT
Pultegroup
PHM
$25.2B
| $26.2M | 0.01% |
337,000
-85,800
| -20% | -$5.82M |
|
Similar funds
Susquehanna International Group's Q2 2023 Portfolio in Review
As of Q2 2023, Susquehanna International Group held 13,811 positions worth $492B, up 4.6% from $470B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Susquehanna International Group withdrew a net $23.6B in Q2 2023, closing 1,867 positions and reducing 5,559 holdings. Its most notable exit was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $45.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.7% of assets, up from 2.3% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Susquehanna International Group opened a new position in State Street SPDR Portfolio Aggregate Bond ETF worth $32.9M.
- Susquehanna International Group's largest Q2 2023 buy was State Street SPDR Portfolio Aggregate Bond ETF: 1,297,445 shares worth $32.9M.
- Susquehanna International Group added most to NVIDIA in Q2 2023, an estimated $1.79B increase.
- Susquehanna International Group's biggest Q2 2023 reduction was Invesco QQQ Trust, cutting an estimated $2.48B.
- Susquehanna International Group fully exited Vanguard Intermediate-Term Corporate Bond ETF in Q2 2023, selling an estimated $45.5M.
- Susquehanna International Group's ten largest holdings make up 30% of its $492B portfolio in Q2 2023.
- Susquehanna International Group opened 1,370 new positions and closed 1,867 in Q2 2023.
- Susquehanna International Group's portfolio value rose 4.6% quarter-over-quarter to $492B.
Based on Susquehanna International Group's 13F filing for Q2 2023, filed 11 Aug 2023.